Category: Wall Street

In what can only be described as a laughable op-ed in The Detroit News today, multi-millionaire Republican and Foreclosure King David Trott attempts to portray a Republican bill to roll back consumer financial protections under Dodd-Frank and kneecap the Consumer Financial Protection Bureau (CFPB), a federal bureau that has “won almost $12 billion in refunds and relief for an estimated […]

Elections Matter: The Fiduciary Standard Edition You’ve probably haven’t heard anything about it but the “most, intensive coordinated lobbying effort that Capitol Hill has ever seen is going on right now,” according to lawyer, financial planner and academic Ron Rhoades. You should listen Bloomberg’s Barry Ritholtz interview Rhoades about this now. Billions of dollars of inflated fees are at stake, […]

Legendary chutzpah, monolithic greed

One of the top shareholders in AIG, the insurance giant bailed out by the American taxpayers during the Wall Street meltdown, is Maurice Greenberg who once ran the company. He is suing the United States government because he says that, in the process of bailing out the company that feathers his nest so softly, they lost him money. However, that level of greed was not enough for Greenberg and he is trying to get AIG itself to join him in his lawsuit. This comes the same week AIG released a video thanking American taxpayers for saving their ass and talking about how proud they are that they paid back their debt and gave the taxpayers a tidy profit in the process.

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Michigan Governor Rick Snyder has admitted to knowing about the poisoning of Flint's drinking water with lead. Despite this, there are STILL Flint residents who cannot drink their tap water without the use of a water filter.

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Mitchell Robinson is associate professor and chair of music education at Michigan State University. His research is focused on music education and education policy. Follow him on Facebook HERE and Twitter at @mrobmsu. His own blog is at MitchellRobinson.net.

Tawana “Honeycomb” Petty is a mother, social justice organizer, youth advocate, poet and author. She was born and raised in Detroit, Michigan and is intricately involved in water rights, digital justice and visionary organizing work in Detroit. You can learn more about Tawana "Honeycomb" Petty by visiting honeycombthepoet.com. She's on Twitter at @CombsThePoet.